Hello katcandu2,
It is good that you are making estimated taxes on this income. This will avoid balance due when you file your tax return. As for investing the money, we cannot help. There are so many options, stocks, mutual funds, crypto, real estate to name few. We can help with tax consequences if you know where you want to invest but this falls under tax planning. You might want to reach out to financial planner to discuss.
Thanks for participating in TurboTax's Ask the Expert event today. I hope this information was helpful!
